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Streamplay Accelerates Growth with Noodlecake Acquisition and Regional Wins
9:55am on Tuesday 28th of January, 2025 AEDT
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Technology
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Streamplay Accelerates Growth with Noodlecake Acquisition and Regional Wins
9:55am on Tuesday 28th of January, 2025 AEDT
Key Points
Acquisition of Noodlecake Studios completed, adding ~60 titles and 270 million downloads
Noodlecake’s average annual revenue of A$7.3M and EBITDA of A$1.8M over three years
Strong regional growth in Pacific Islands, UAE, and South Africa with scalable SMS gaming campaigns
Cash reserves of approximately A$13.9M support ongoing strategic investments
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Streamplay Studio (ASX:SP8)
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